A recent report published by Infinium Global Research on nanomaterials market provides in-depth analysis of segments and sub-segments in the global as well as regional nanomaterials market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional nanomaterials market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global nanomaterials market. According to the report, the global nanomaterials market is projected to grow at a CAGR of 16.8% over the forecast period of 2019-2025.
Nanomaterials are materials have an external dimension in the size range of approximately 1 to 100 nanometers. Due to its unique physical and chemical properties, nanomaterials can significantly ample growth opportunities to the numerous end-user industries such as electronics, healthcare, aerospace, defense, paints & coatings, adhesives & sealants, optical communication, and many others.
The increasing popularity of nanomaterials in various end-use industries drive the growth of nanomaterials market. Additionally, decreasing prices of nanomaterials, growing support of the government institutions, and an increase in public and private expenditure towards nanotechnology is likely to have a positive impact on market growth. Availability of several tools and methods for manufacturing of nanomaterials is another factor boosting the growth of nanomaterials market. Further, bio-medical, consolidated materials and nanodevices is to support potential growth. On the other hand, increasing concern regarding environmental impact is expected to hamper the growth of nanomaterials market. Furthermore, continuous research and government funding to support potential growth of nanomaterials offer growth opportunities for the nanomaterials market in the near future.
Among the region, North America has been leading the worldwide nanomaterials market and is expected to continue on the dominant position over the forecast period. High R&D investments, presence of a large number of market players in this region coupled with increasing usages of nanotubes in various industries like chemical products, pharmaceuticals, and electronics are some major factor augmenting the growth of North America nanomaterials market. On the other hand, Europe is accounted to hold a substantial market share in the nanomaterials market. The growth of this region is attributed owing to the decreasing price of nanomaterial in this region. Asia-Pacific exhibits high growth throughout the forecast period owing to the growing investments in the nanomaterials field in this region.
The report on global nanomaterials market covers segments such as type and end-user. On the basis of type, the sub-markets include metal oxides, metals, and other types. On the basis of end-user, the sub-markets include paint & coatings, packaging, construction, electronics & consumer goods, and other end-users.
The report provides profiles of the companies in the market such as Abbott Laboratories, Nanophase Technologies Corporation, Sun Nanotech Company Limited, Hosokawa Micron Group, Frontier Carbon Corporation, The Eastman Kodak Company, Dendritic Nanotechnologies Inc., Clariant International Limited, and BioDelivery Sciences International, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of nanomaterials market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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